The Traderszone Network

Published in TZ Latest News 3 August, 2017 by The TZ Newswire Staff

Did the Sub-Prime 2.0 Bubble Just Burst?

As you know, we’ve been tracking the sub-prime auto-loan industry closely.

Our view is that this industry represents the worst of the worst excesses of our current credit bubble, much as the subprime mortgage industry represented the worst of the worst in excess for the Housing Bubble.

For this reason, we refer to sub-prime auto-loans as Subprime 2.0.

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